Genie Energy (GNE) Operating Expenses (2010 - 2026)
Genie Energy's (GNE) quarterly Operating Expenses came in at $27.9 million in Q1 2026, down 14.15% year-on-year from $32.6 million in Q1 2025, and up 1.11% quarter-over-quarter from $27.6 million in Q4 2025.
Genie Energy (GNE) Operating Expenses (2010 - 2026) Analysis & Trends
Genie Energy's Operating Expenses history runs 17 years deep, the most recent figure standing at $27.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 14.15% year-over-year to $27.9 million in Q1 2026; TTM through Mar 2026 was $99.4 million, a 5.93% decrease from a year earlier, with the FY2025 full-year figure at $95.3 million, down 30.47% from the prior year.
- Operating Expenses rose to $27.9 million in Q1 2026 per GNE's latest filing, from $27.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $32.6 million in Q1 2025 and bottomed at $17.2 million in Q4 2022.
- The 5-year median for Operating Expenses is $22.7 million (2023), against an average of $23.7 million.
- Across the five-year window, Operating Expenses soared 43.55% in 2024 and dropped 14.15% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $17.2 million in 2022, then surged by 32.41% to $22.7 million in 2023, then grew by 14.04% to $25.9 million in 2024, then grew by 6.64% to $27.6 million in 2025, then advanced by 1.11% to $27.9 million in 2026.
- Per Business Quant, the three latest GNE Operating Expenses figures stand at $27.9 million (Q1 2026), $27.6 million (Q4 2025), and $22.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 616.18 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 3.63 Bn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 3.27 Bn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 2.45 Bn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 1.64 Bn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 2.46 Bn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 3.37 Bn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 128.34 Mn |
| 10 | Genie Energy | 379.29 Mn | 181.47 Mn | 29.82 Mn | 27.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.95 Mn |
| Dec 31, 2025 | 27.64 Mn |
| Sep 30, 2025 | 22.62 Mn |
| Jun 30, 2025 | 21.18 Mn |
| Mar 31, 2025 | 32.56 Mn |
| Dec 31, 2024 | 25.92 Mn |
| Sep 30, 2024 | 25.16 Mn |
| Jun 30, 2024 | 22.02 Mn |
| Mar 31, 2024 | 31.60 Mn |
| Dec 31, 2023 | 22.73 Mn |
| Sep 30, 2023 | 23.20 Mn |
| Jun 30, 2023 | 23.17 Mn |
| Mar 31, 2023 | 22.01 Mn |
| Dec 31, 2022 | 17.17 Mn |
| Sep 30, 2022 | 19.61 Mn |
| Jun 30, 2022 | 18.05 Mn |
| Mar 31, 2022 | 20.15 Mn |
| Dec 31, 2021 | 17.92 Mn |
| Sep 30, 2021 | 17.14 Mn |
| Jun 30, 2021 | 16.67 Mn |